920 12th Place, Prescott, AZ 86305

$800,000
Property Type: Multi-Family Square Footage: 5,250 Lot Size (sq. ft.): 12,197 Status: Closed
Current Price: $800,000 List Date: 8/30/2019 Last Modified: 10/17/2019

Overview

Description

Exciting opportunity to own this Multifamily Property in Prescott, Arizona. The property is improved with a one story, 8 unit apartment complex and contains 5,250 square feet of livable area. All the units are 2 bedroom/1 bath and are individually metered for electricity and gas. The property is a two building, masonry constructed property with four units in each building and plenty of off-street parking spaces in front of the buildings. It also includes a lower level garage which contains approximately 2,800 square feet of space including one parking space for each unit, utility room, storage areas and a Coin-Op laundry facility with a brand new washer and dryer (have yet to be installed, but convey with the sale). The surrounding deck was rebuilt and permitted in late 2017.

Supplements: The property contains a total of 12,197 square feet or 0.28 acres of land zoned BG, Business General District, and it's located within walking distance to shopping, YRMC Hospital, Prescott High School, Doctor's offices, and only minutes away from downtown Prescott. This is a great income generator property with a low vacancy rate. Current rental ra ...

Listing Details MLS# 1023424

ContractAddressLegal

Original List Price
880000
Listing Price
880000
Street #
920
Street Name
12th
St Suffix
Place
City/Township
Prescott
State
AZ
Zip Code
86305
Subdivision
Willow Creek Road Sub
County
Yavapai
Tax Parcel
115-05-022

General Property Description

Lot #
3
Aprx Acres
0.28
Total Liveable SqFt
5250
Source of Measuremnt
County Assessor
Stories
2
Year Built
1973
Management
Mgmt Company
Baths - Full
8
More than 5 Units
Yes

Status Change Info

Under Contract Date
2019-09-19
Sold Date
2019-10-16
Sold Price/SqFt
152
Financing
Cash

Unit 1

Unit ID
Yes
# BR
2
# BA
Yes
SqFt
700
Tenant Utilities
Gas and Electric
Rent $
650

Unit 2

Unit ID
2
# BR
2
# BA
Yes
SqFt
700
Tenant Utilities
Gas and Electric
Rent $
750

Unit 3

Unit ID
3
# BR
2
# BA
Yes
SqFt
700
Tenant Utilities
Gas and Electric
Rent $
725

More Information

Unit 4

Unit ID
4
# BR
2
# BA
Yes
SqFt
700
Tenant Utilities
Gas and Electric
Rent $
750

Unit 5

Unit ID
5
# BR
2
# BA
Yes
SqFt
700
Tenant Utilities
Gas and Electric
Rent $
700

Property Features

Building Type: 5+ Units; Residential+ Construction: Brick; Frame - Wood Cooling: Evaporative Cooling; Room Evap External Amenities: None Flooring: Carpet; Vinyl Heating: Forced - Gas; Natural Gas Owner Pays: Trash; Water Possession: At Recordation Records Available: None; Other - See Remarks Road Frontage Type: City Street Road Surface Type: Paved Road Responsibility: City Maintained Road Roof: Asphalt Shingle Utilities Installed: 220; Cable TV; Electricity; Individual Meter; Natural Gas; Underground; Water - City; WWT - City Sewer Water Heater: Natural Gas Unit 1 Parking: 1 Car; Detached; Garage; Off Street; Other - See Remarks Unit 1 Info: Ceiling Fan(s); Dishwasher; Disposal; Fire/Smoke Detectors; Range/Oven; Refrigerator Unit 2 Parking: 1 Car; Detached; Garage; Off Street; Other - See Remarks Unit 2 Info: Ceiling Fan(s); Dishwasher; Disposal; Fire/Smoke Detectors; Laundry Room; Refrigerator Unit 3 Parking: 1 Car; Detached; Garage; Off Street; Other - See Remarks Unit 3 Info: Ceiling Fan(s); Dishwasher; Disposal; Fire/Smoke Detectors; Range/Oven; Refrigerator Unit 4 Parking: 1 Car; Detached; Garage; Off Street; Other - See Remarks Unit 4 Info: Ceiling Fan(s); Dishwasher; Disposal; Fire/Smoke Detectors; Range/Oven; Refrigerator Unit 5 Parking: 1 Car; Detached; Garage; Off Street; Other - See Remarks Unit 5 Info: Ceiling Fan(s); Dishwasher; Disposal; Fire/Smoke Detector; Laundry Room; Range/Oven; Refrigerator; Other - See Remarks
Listing Office: Bear Creek Real Estate
Last Updated: October - 17 - 2019
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Prescott Area Association of REALTORS. Information provided is thought to be reliable but is not guaranteed to be accurate. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Real estate listings held by brokerage firms other than the website owner, are indicated by detailed information about them such as the name of the listing firms. Copyright© 2020 Prescott Area Association of REALTORS. All rights reserved.
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